We are happy to be featured as the startup of the week in German Handelsblatt.
A few key take aways from the article:
We at EnliteAI use AI to optimize the power grid and reduce the need for costly and polluting redispatch measures. We recently raised a seven-figure seed funding round from Floud Ventures, Speedinvest, and Breeze, and are collaborating with several transmission system operators, such as RTE in France and Tennet in the Netherlands, to test and implement our innovative solution.
Our software can dynamically reconfigure the power grid to avoid bottlenecks and allow more green energy to flow from the north to the south of Germany. By using forecasts and learning from its own actions, the AI can reduce redispatch measures by up to 60 percent, saving millions of euros and tons of CO2 emissions. The company is ready to scale up its solution and make the power grid more flexible and resilient for the energy transition.
Our solution is a significant step towards a more sustainable and efficient energy system. The company’s AI technology can help reduce the need for expensive and polluting redispatch measures, which are currently used to balance the power grid. By optimizing the power grid, EnliteAI can enable more renewable energy to be integrated into the grid, which is essential for achieving climate goals. The company’s collaboration with transmission system operators is a testament to the effectiveness of its solution and its potential to revolutionize the energy sector.
EnliteAI’s innovative solution is a prime example of how AI can be used to tackle complex challenges and create a more sustainable future. The company’s technology has the potential to transform the energy sector and help reduce greenhouse gas emissions. By using AI to optimize the power grid, EnliteAI is paving the way for a cleaner, more efficient, and more resilient energy system.
We are happy to present the 7th edition of the Austrian AI Landscape, the annual overview of the Austrian AI ecosystem.
we are happy to announce our EUR 2M seed funding round for further growth